A million bottles of wine are to be poured down the drain by Australia’s biggest winemaker after it failed to sell enough of its product. Treasury Wine Estates, the world’s second-biggest winemaker, has said it is planning to clear a backlog of unwanted wine in the US. Treasury, which produces Penfolds, Wolf Blass and Rosemount, says it will dispose of only cheaper wines – worth about €3.50 a bottle – which have a limited shelf life.

17/7/2013.